New Waverley By Artisan Real Estate Investors Wins RICS Award

New Waverley has won one of the Scottish property industry’s most prestigious accolades. The development scooped the blue-riband award for the best regeneration project at the Royal Institute of Chartered Surveyors (RICS) 2017 annual Scottish awards, held in Edinburgh on Wednesday (26 April).

New Waverley is being delivered by Artisan Real Estate Investors and the award win recognises its status as one of the UK’s most important city-centre regeneration projects, taking place in the historic and highly sensitive World Heritage Site of Edinburgh’s Old Town

Our New Waverley’s Project Director Clive Wilding said: “We are all thrilled that New Waverley has won this major accolade. We are especially pleased to be recognised by a widely-respected UK organisation that rewards excellence in design and architecture. For the last two years, we have worked hard to make New Waverley an integral part of Edinburgh’s Old Town, breathing new life back to a formerly neglected part of the city centre. This award shows that our efforts are now paying off and I am delighted that New Waverley’s considerable impact is being recognised on a national stage by our peers and public alike.”

The annual RICS Awards showcase event celebrates the most inspirational regional initiatives and development in property, construction, land and the environment. It provides a high-profile opportunity for surveyors, property developers, engineers, planners and architects to showcase their talent.

Architects for the New Waverley development are Edinburgh-based Allan Murray Architects. Allan Murray commented: “We are delighted to now see the fulfilment of the first phase of the masterplan for the area, which we initiated over a decade ago. This development has galvanised the revitalisation of a sadly neglected but very central part of the Old Town, within a World Heritage Site setting. The mixed-use project interweaves high quality new build with the refurbishment of historic buildings and creates a bold new urban public realm for the benefit of the local community”

In the last 12 months, New Waverley has become an established district within the city’s historic Old Town and has delivered a high profile ‘place-making’ campaign designed to create interest and excitement about the area. This has included launching the UK’s largest poem on the side of the new Adagio aparthotel building on the Royal Mile, as well as the area hosting food markets, light shows and art installations.

Design & Build Contractors McAleer & Rushe completed the majority of the first phase development, including the two Whitbread hotels and the Aparthotels Adagio. The company’s Contracts Director, Shane McCullagh added: “From the start, this has been an innovative and progressive partnership which has become a blueprint for complex construction projects in highly sensitive urban areas.”

Our buildings have brought a real sense of place to the heart of Edinburgh’s Old Town, including the Royal Mile and the development as a whole is now seamlessly integrated within a historic city centre environment.”